Cetera Investment Advisers Grows Position in First Trust Preferred Securities and Income ETF $FPE

Cetera Investment Advisers lifted its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 8.2% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,556,479 shares of the company’s stock after purchasing an additional 117,999 shares during the quarter. Cetera Investment Advisers’ holdings in First Trust Preferred Securities and Income ETF were worth $27,705,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Hazlett Burt & Watson Inc. acquired a new position in First Trust Preferred Securities and Income ETF during the first quarter valued at approximately $28,000. Quaker Wealth Management LLC raised its stake in shares of First Trust Preferred Securities and Income ETF by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 3,114 shares of the company’s stock valued at $55,000 after acquiring an additional 6,228 shares during the period. Mid American Wealth Advisory Group Inc. purchased a new position in shares of First Trust Preferred Securities and Income ETF in the 2nd quarter valued at $58,000. Capital Analysts LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 13,641.0% during the 1st quarter. Capital Analysts LLC now owns 5,359 shares of the company’s stock valued at $94,000 after acquiring an additional 5,320 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in First Trust Preferred Securities and Income ETF by 12.7% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,160 shares of the company’s stock worth $110,000 after purchasing an additional 695 shares during the period.

First Trust Preferred Securities and Income ETF Trading Down 0.3%

Shares of NYSEARCA FPE opened at $18.25 on Tuesday. The stock has a fifty day moving average price of $18.34 and a 200 day moving average price of $17.98. First Trust Preferred Securities and Income ETF has a 12-month low of $16.77 and a 12-month high of $18.51.

First Trust Preferred Securities and Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, November 17th. Stockholders of record on Monday, November 3rd were paid a $0.0732 dividend. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

First Trust Preferred Securities and Income ETF Profile

The First Trust Preferred Securities and Income ETF (FPE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that attempts to generate income by investing globally in preferred equities and income producing debt across the market cap spectrum.